CWST Casella Waste Systems Inc

US GreenFiber Announces Acquisition CHARLOTTE, N.C., July 27 /PRNewswire/ -- US GreenFiber, LLC announced today the acquisition of Bonded Insulation, a cellulose insulation company based in Hagaman, N.Y. This acquisition establishes a manufacturing and distribution presence for GreenFiber's primary product line, Cocoon(R) brand insulation, in the Northeast allowing the company to better serve existing customers and to grow new customer business in the region as well as in Eastern Canada. With a reputation for excellence in products and service, Bonded Insulation's business has historically focused on the contractor and retrofit markets. GreenFiber and Bonded Insulation have had a long-standing business relationship and have been toll-manufacturing partners for the past few years. Bonded Insulation's former owners, Ed Power and Kurt Chittenden will continue to work as GreenFiber employees. "Bonded Insulation is an excellent fit for GreenFiber," said Dennis Barrineau, president and CEO of US GreenFiber. "The company shares the same values and commitment to customer service and our priority is to continue providing exceptional service their customers know and expect." With the acquisition of Bonded Insulation, GreenFiber now has a total of 12 manufacturing plants. Eleven of the 12 are insulation plants located in Charlotte, N.C., Delphos, Ohio, Denver, Colo., Elkwood, Va., Lithia Springs, Ga., Norfolk, Neb., Phoenix, Ariz., Sacramento, Calif., Tampa, Fla. and Waco, Texas. The twelfth plant, a Scott's Patch Master Plant, is located in Elkwood, Va. No additional organizational changes have been announced. Established in 2000, US GreenFiber, LLC is a quality-conscious provider of Cocoon insulation, fire and sound products. It is sold through major home centers, building supply retailers and lumberyards in the US and Canada to the do-it-yourself and contractor customer. US GreenFiber products are also sold through a national sales force to residential and commercial contractors as well as to the manufactured housing industry. GreenFiber is a 50/50 joint venture of Louisiana-Pacific (NYSE:LPX) and Casella Waste Systems, Inc. (NASDAQ:CWST). GreenFiber has the capacity to turn what has previously been an environmentally friendly "specialty" product into a major competitor in the building products industry. For more information on US GreenFiber, please visit http://www.us-gf.com/. DATASOURCE: US GreenFiber, LLC CONTACT: Edie Kello, Director of Marketing of US GreenFiber, LLC, +1-704-379-0653, or Web site: http://www.us-gf.com/

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